Medibank Private Says JPMorgan Chase Ceases to be Substantial Shareholder

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Medibank Private (ASX:MPL) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from Sept. 17, according to a Tuesday filing with the Australian bourse.

JPMorgan Chase and its affiliates became a substantial holder of the company on Mar. 20, with a total voting power of 5.18%, an earlier filing showed.

The company's shares fell 1% in recent Tuesday trade.

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